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Category: Transport & Infrastructure Vietnam

Vietnam is becoming a powerhouse for business and enterprise and this has led to huge demand for transportation services. From roads to rail to ships to aeroplanes there are a multitude of ways of moving people and products around Vietnam

This section covers: aviation, shipping, and road and rail transport and associated services.

Vietnam Car Sales Tracker: October Update [data]

The Vietnam Automobile Manufacturers’ Association–the VAMA–October sales report has found that vehicle sales of the group’s members jumped about 7 percent compared to September. The jump was across the board with all key segments recording higher sales.

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Vietnam Transport Ministry seeks one year extension on new HCMC airport

Vietnam’s Ministry of Transport has gone to the National Assembly requesting an extension of the deadline for Ho Chi Minh City’s second airport which is currently under construction in Long Thanh. At the same time, the Ministry is also asking for permission to add a second runway to the first phase of the project…

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Paying For Vietnam’s High-Speed Rail: Unpacked

Vietnam’s Transport Ministry has said that Vietnam’s high-speed railway project connecting Hanoi and Ho Chi Minh City will utilise domestic finances and technology, as opposed to support from abroad. It is, however, expensive and financing it alone will be challenging.

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Vietnam to self-fund high-speed rail, avoid ‘strings attached’ foreign loans

Notably, debt-diplomacy has become common in recent years particularly in developing nations and given Vietnam’s precarious position in the world in terms of geopolitics, a reluctance to be indebted to external creditors is understandable. That said, this is a huge and very expensive project that really needs to be done right and Vietnam has no existing high-speed rail and therefore no experience installing and using the technology to speak of.

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Vietnam Mercedes-Benz plant lease extended after months of uncertainty

The joint venture between Mercedes-Benz and local firm SAMCO had requested an extension of its land lease as far back as 2021, however, the request was never actioned due to the aforementioned regulatory challenges (the can was kicked down the road). This came to a head earlier this year, however, when the company said it was considering shutting down its operations in Vietnam altogether as a result of the lolly-gagging…

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Freight Forwarding in Vietnam: Overview 2024

Freight forwarding in Vietnam plays a critical role in facilitating international trade and logistics in Vietnam, serving as a key connector between manufacturers, exporters, and global markets–with its strategic location in Southeast Asia and a rapidly expanding infrastructure network, Vietnam has become an important hub for freight forwarding services.  Furthermore,

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Last-Mile Delivery in Vietnam in 2024

The last-mile delivery sector in Vietnam is undergoing rapid transformation driven by the e-commerce boom and evolving consumer expectations. Despite challenges such as infrastructure limitations, high costs, and logistical complexities in rural areas, the industry is poised for growth through technological innovation and strategic partnerships. Emerging trends like AI-driven optimization, micro-fulfillment centres, and alternative delivery methods are shaping the future of last-mile delivery in the country.

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Skoda assembly plant in northern Vietnam almost ready-to-go

A new assembly plant for the Czech Republic’s Skoda vehicles is set to go into operation later this year in northern Vietnam, The Investor is reporting. The plant in Quang Ninh province is 90 percent complete, according to the firm, and began a trial run back in May. Set on 36.5 hectares the factory will add a capacity of 120,000 vehicles a year to Vietnam’s automotive industry…

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Vietnam’s Aviation Industry: Overview 2024

Vietnam’s aviation industry has grown quickly, driven by a rising middle class and increasing demand for both domestic and international travel. Key players, including national carriers and low-cost airlines, are competing to offer diverse services while maintaining affordability. That said, the industry has not yet fully recovered from COVID border closures and it still may have some way to go yet.

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Vietjet Air: Vietnam Stock Overview

Moving forward, total demand for air passenger transport in 2024 is forecast to reach 84.2 million passengers, an increase of 15 percent compared to 2023. However, the aviation industry has been facing a shortage of aircraft due to a recall of Pratt & Whitney engines. VJC has had to temporarily ground 22 of its 85 aircraft for maintenance and repairs and this may last until 2025…

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Key Vietnam car maker reports profit fall of 6 percent in first half 2024

From a peak in 2022 of VND 7.4 trillion or US$298.3 million, Thaco has seen its profits continue to fall. This has been attributed to a decline in car sales on the back of broader economic challenges in Vietnam. This is, however, only one part of much bigger changes in Vietnam’s car market as new trade agreements pull down tariffs on imports and trade remedies against cars imported from China into the US and EU see Chinese car makers search for new markets…

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